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Collection House (ASX:CLH) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Collection House Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Collection House Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Collection House's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Collection House Cyclically Adjusted PB Ratio Chart

Collection House Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted PB Ratio
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Collection House Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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Competitive Comparison of Collection House's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Collection House's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Collection House's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Collection House's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Collection House's Cyclically Adjusted PB Ratio falls into.



Collection House Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Collection House's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun21 is calculated as:

For example, Collection House's adjusted Book Value per Share data for the fiscal year that ended in Jun21 was:

Adj_Book=Book Value per Share/CPI of Jun21 (Change)*Current CPI (Jun21)
=0.281/110.3320*110.3320
=0.281

Current CPI (Jun21) = 110.3320.

Collection House Annual Data

Book Value per Share CPI Adj_Book
201206 1.009 93.244 1.194
201306 1.068 95.473 1.234
201406 1.203 98.352 1.350
201506 1.301 99.838 1.438
201606 1.341 100.859 1.467
201706 1.388 102.809 1.490
201806 1.510 104.945 1.588
201906 1.651 106.617 1.709
202006 0.517 106.246 0.537
202106 0.281 110.332 0.281

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Collection House  (ASX:CLH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Collection House Cyclically Adjusted PB Ratio Related Terms

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Collection House (ASX:CLH) Business Description

Traded in Other Exchanges
N/A
Address
100 Skyring Terrace, Level 12, Newstead, QLD, AUS, 4006
Collection House Ltd provides debt collection and receivables management services. It offers receivables management, debt collection, debt purchasing, legal services, financial services training, customer service outsourcing among other services.